Is Canadian FinTech making a comeback?
Plus: Vancouver says goodbye to INNOVATEwest after welcoming Web Summit.
layoffs
National Bank reinvests as Walnut secures $4.6 million to expand embedded insurance capabilities
Telus, Diagram, Portage back Toronto insurtech startup’s platform development plans.
Dax Dasilva wants his bonus
Plus: More money on the table for diverse founders.
Why Clio didn’t IPO
Plus: The largest Series A raised by a Black female founder in Canada.
Why has developer hiring slowed?
The BetaKit Podcast answers your Canadian tech questions for our 350th episode.
Looking for a job? Try a company that makes money
In the face of mass layoffs and long hiring cycles, Carbon6 wants to attract candidates with stability.
Cohere lays off five percent of staff a day after announcing $500-million USD Series D
Toronto generative AI startup cuts around 20 employees as part of “internal realignment.”
Predicting the perfect VC vintage
Plus: We survived CrowdStrike.
Ex-DeepMind researchers secure $17 million CAD to bring generative AI to video games with Artificial Agency
Toyota and Radical-backed startup aims to transform NPCs, game systems with AI.
PathFactory acquires fellow B2B marketing platform Uberflip in stock-for-stock deal
PathFactory says the combined entity’s customer list includes firms such as Nvidia, Amazon, and Thomson Reuters.
Summer camp for Canadian tech
Plus: Vena becomes Canada’s latest centaur.
GPs and LPs at Startupfest expect gradual recovery with 2024 on pace to be worst for Canadian VC in a decade
Industry leaders expect more turnover, fundraising challenges for emerging managers.
Clutch receives $10-million strategic investment from iA Financial group
The investment will see iA’s insurance products integrated into Clutch’s online vehicle marketplace.
The gender pay gap in Canadian tech has tripled
Plus: OpenText lays off 1,200 employees as part of restructuring plan.
OpenText lays off 1,200 employees as part of restructuring plan
CEO plans to add 800 new roles in sales, professional services, and engineering.